banking

Honesty and integrity in banking?

Which party cares about honesty and integrity in banking? None of those standing for election?

Join us outside the FCA offices this Friday in London, please. Make our voices count? Corruption and fraud have to be eradicated from the City.

Install a Controller for Banking and Professional Complaints Regulator now. I know my structure will work for ever more. It is intrusive and robust.

Nothing has worked since FSA was set up in 2001, and closed in 2013, for failure to Regulate honestly and with Integrity and morally.

Sadly, I had such hopes when Dr Andrew Bailey took the helm. Alas, he has been beaten into submission by HMT and the bankers. He is an honest person holding the poisoned chalice. I pray that he has the fortitude to stand alongside the victims of evil and crime on Friday?

This is not a war between the Regulators and victims. They should both be on the same page and fighting crime, anywhere it is found in banking and finance.

Who says bribery does not pay? The banksters have taken us all for a ride.

FSMA has failed us all. More holes in it than Colditz. Needs a total overhaul.

If anyone watches both AGM’s of Lloyds Banking Group & RBS this year, any professional banker worth their salt, would be thoroughly ashamed.

Both Chairmen and Boards we’re thoroughly dishonest. No moral fibre or integrity.

Banking cannot and should not be led by inveterate liars, taking orders from those in the shadows. Where are openness and transparency?

Denials, concealment, obfuscation are not elements found in a professional banker soul. These are never qualities expected to be representative of Chartered Bankers or Certified Bankers.

Ethics and morality are the primary requirements for a banker.

Where is the bankers love for their customers, who put the bread and butter on their table????

There is only greed, avarice fraud and corruption.

This taints all: Regulators, HMT, Institutional Shareholders, Private Shareholders, Creditors, and the country.

Let Friday be a turning point, please, for god’s sake let us restore my great profession back to the standards of morality that were evident and in play in 1971, for when I joined the bank. We loved our customers then. We lived in their communities and we played together and worked for each other. We trusted each other. We grew together!

Hatred for customers is a horrible thing that crossed the pond in 1986, following deregulation and the abolition of Glass Steagall Act. The Mafia intentions of Wall Street swept all before, the rest is history. Treating customers as cash cows to rob at will, is never banking.

Let us stand together in harmony on Friday at the FCA offices and make change happen. We have bled for too long. Too many people have died.

One is too many!!

Let us bring God back into Banking.

The Ten Commandments are a superb guide to follow. The FCA Principles for Business are not too bad if adhered to? Needs discipline and ruthless control.

Love thy neighbour and customers, from whence great riches flow, from honest toil and hard work.


Nigel J D Harper FCBI, FCIB, ACIB, CeMap, Chartered Banker, MBA Banking.
Independent Retail Banking Specialist
Awarding Body Board Member of the Retail Banking Academy International and Examiner
Ambassador of the Transparency Task Force -SIG- Retail Banking.
Former HMRC Retail Banking Specialist.

This blogpost is for information purposes and should not be relied upon as legal advice because it does not consider or take into account your own personal circumstances. If in doubt, seek legal advice.